A low-cost source of credit may be your whole life insurance policy. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
A “HOLDR” is an example of a market segment exchange-traded fund. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Broad market exchange-traded funds, while useful, have not gained wide popularity with investors. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Comprehensive medical insurance is designed to A) provide major protection against most medical expenses with a small deductible. B) do the same as answer “A” above, but it also includes disability income protection. C) provide protection against a comprehensive array of accidents and illnesses, but with relatively low coverage against any of them. D) replace […]
Date: September 19th, 2020
A synergistic merger is made for reasons of combining two failing firms in the hopes that the combined entity will not fail. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Which of the following can be accomplished through the will? A) The naming of a guardian for the children B) The provision for specific bequests C) The creation of a testamentary trust D) all of the above ANSWER D
Date: September 19th, 2020
Interest payments on consumer loans are generally tax deductible. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Which of the following would NOT be classified as value added by the buyer in a merger? A) The present value of estimated synergies due to the merger. B) The current value of the target firm as a stand-alone entity. C) New value-adding strategies initiated post-merger by the purchasing firm. D) Enhanced credit ratings that […]
Date: September 19th, 2020
A “spider” is an example of a broad market exchange-traded fund. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Which of the following statements is false? A) More than half of private health care expenditures are covered by private insurance. B) Over the past decade the cost of health care has risen twice as fast as other costs. C) Most private health insurance is employment related. D) The private cost of nursing home care […]
Date: September 19th, 2020
